Dogecoin fell 12.4% to $0.31 amid increased trading volume and major exchange outflows following Fed Chair Powell's hawkish comments on inflation, while maintaining its position as the seventh-largest cryptocurrency by market capitalization.

Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.

Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even greater selling pressure correcting 8-13%.

“We believe the root cause of the morning's crash to be the market's overly bullish positioning,” QCP traders said in a Friday note.

Hackers breached Vivek Ramaswamy's X account to spread false claims about DOGE's collaboration with the stablecoin project USUAL. The post Vivek Ramaswamy's X Account Hacked to Promote DOGE Collaboration With Stablecoin Project appeared first on Cryptonews.

Dogecoin, Shiba Inu, and Pepe tumble as memecoins face bearish setups, signaling more downside ahead.

Dogecoin started a major decline below the $0.3550 support against the US Dollar. DOGE is now consolidating and might struggle to recover above the $0.350 resistance.

Elon Musk's Department of Government Efficiency (DOGE) has announced plans to collaborate with stablecoin issuer USUAL, noted a post from Vivek Ramaswamy who is co-leading the DOGE division with Musk. However, minutes later the post was deleted as it turns out that Ramaswamy's X account was hacked.

Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.

The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours.

Dogecoin fell as trading volume surged following Fed Chair Powell's remark on Wednesday that inflation projections had "fallen apart."

With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB's recent rally was.

Dogecoin (CRYPTO: DOGE) hit new yearly highs recently as the overall cryptocurrency sector has traded higher since Donald Trump won the 2024 presidential election. A new Benzinga poll asks readers if Dogecoin will trade closer to levels seen before the election or all-time highs set back in 2021.

Dogecoin suffered an 11% price crash within 24 hours, wiping out $35.1 million in positions. Technical signals like Bollinger Bands suggest the cryptocurrency is oversold, but a rebound may not come immediately.

Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst's latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.

Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.

Dogecoin price has seen a significant correction amid bearish trends following its strong November performance. The altcoin, widely recognized for its meme-inspired origins, had surged alongside major cryptocurrencies like Bitcoin, showcasing strong market sentiment.

According to data provided by CoinGlass, more than $1.2 billion worth of crypto has been liquidated over the past 24 hours.

Dogecoin is approaching a critical juncture as it hovers near the $0.3563 mark, with the Relative Strength Index (RSI), signaling oversold conditions. This suggests that the recent sell-off may have pushed the asset into undervalued territory, raising the possibility of a rebound.

DOGE went from over $0.41 to just above $0.3 within a few days.

It's a bloodbath out there as Bitcoin leads a crypto crash, as assets like Ethereum, XRP, Solana, and Dogecoin show double-digit losses.

Experts have come up with three altcoins that are set to show massive rallies just like DOGE. These include Fantom (FTM), POPCAT, and IntelMarkets.

On-chain metrics revealed that exchanges have witnessed a significant $150.03 million worth of DOGE outflow.

Dogecoin's price drops over 12% in the past 24 hours, hitting $0.34. With the crypto market and US stocks also down, is a bigger crash for DOGE ahead?

The price of Dogecoin (DOGE) has been a real roller coaster ride for all crypto market participants over the past 24 hours. Having lost more than 11% in the moment, DOGE's price action caused more than $35.1 million in liquidation in 24 hours, making the popular meme cryptocurrency one of the leaders in this "unfortunate" indicator.

The cryptocurrency market is experiencing a sell-off, with a staggering $787 million wiped out in crypto liquidations across various digital assets. Among the hardest hit was Dogecoin (DOGE), which saw a loss of $29 million in crypto liquidations, according to CoinGlass data.

Dogecoin and Shiba Inu prices have significantly crashed in the last 24 hours. This is partly due to Jerome Powell's speech, which painted a bearish picture for crypto assets despite the announcement of a 25 basis point (bps) rate cut.

House DOGE Caucus co-chair Rep. Pete Sessions (R-Texas) joins 'Squawk Box' to discuss the latest development on the government funding battle, whether a bipartisan funding bill can be passed to avert a government shutdown, and more.

As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base.

Dogecoin (DOGE) has been a favorite crypto coin, driven by a strong community, Elon Musk's vocal support, and its potential role in blockchain-based payments. Recently, the Presidential election has fueled speculation about Musk integrating DOGE into platforms like X (formerly Twitter), which he owns.

The Federal Reserve's interest rate cut on Wednesday failed to spur the crypto market,, with the market losing about $120 billion within 24 hours of the announcement. Digital asset prices are tethered to the US dollar, and lower interest rates should have ideally swung the momentum towards crypto coins.

Digital assets witness a bloodbath as prices slump following the US Fed's hawkish signals. While enthusiasts exit meme Dogecoin and PEPE, the focus has switched to iDEGEN – a crypto project born by AI and raised by crypto degens.

The memecoin community asks the ‘DOGE Father' Elon Musk about his promises for Dogecoin (DOGE) after Trump's election victory. Despite multiple attempts amid the Bitcoin revival, Dogecoin has failed to break from the $0.4 resistance level.

After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.

Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.

According to new reports, Dogecoin's market sentiment has plummeted significantly, turning negative once again as its price consolidates. This bearish trend raises the question of whether it is time for investors to buy or sell off their DOGE tokens to avoid future losses.

After an explosive rally, the Dogecoin price consolidated between $0.35 and $0.47, which saw it gain 78% in a month. This has prompted ADA holders to join PropiChain's (PCHAIN) token presale to capitalize on its potential for huge profits in 2025.

The Dogecoin (DOGE) price appears primed for a significant bullish reversal, supported by technical indicators and market sentiment data. Despite recent downward pressures, several factors suggest a potential upward trajectory for the popular memecoin.

The Dogecoin (DOGE) price took a beating on Wednesday, dumping one 9% as risk assets slumped across the board following a more hawkish than expected policy announcement from the US Federal Reserve. The post Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1? appeared first on Cryptonews.

Bitcoin's New Year rally has stalled, prompting concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly after reaching $106,214.

Dogecoin traders saw $13.88 million liquidated within 24 hours, with long positions dominating the imbalance at 92%, marking a significant market anomaly tied to overleveraged trading during volatile price swings. Dogecoin Market Faces Suspicious Activity There has been suspicious behavior in the Dogecoin (DOGE) market.

Dogecoin market sentiment turns bearish as investors get impatient with DOGE's sustained consolidation.

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs.

Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.